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Another method governments use to try and influence the private sector is economic planning. For a long time now, socialist and communist states have used planning as an alternative to the price mechanism, organising production and distributing their resources according to social and strategic needs, rather than based on purely economic considerations.
Words in Bold -> Plosives
Explanation
Another method governments use to try and influence the private sector is economic planning. For a long time now, socialist and communist states have used planning as an alternative to the price mechanism, organising production and distributing their resources according to social and strategic needs, rather than based on purely economic considerations.
Words in Bold -> Plosives